(Bloomberg) -- Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering options including a potential buyout of the French video game developer after it lost more than half its market value this year, according to people familiar with the matter. Most Read from BloombergThe Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkRoofs of Mexico City’s Massive Food Market Will Power Public BusesMexico City Restricts Airbnb Rentals
Tencent would be capped at a 10% stake. The Guillemot family would remain in control, just the way they want it.
The family is buying the shares as well, with Tencent having a minority ownership. Or might, rather. This is a consideration. It isn’t definitely happening.
But I’m just asking, naively, is 10% a “buyout” by any reasonable definition of the term? I thought that was just a “stake”. I thought a “buyout” meant buying all of someone’s stake.
Tencent and Guillemot combined are considering a buyout of other shareholders. Most of that is Guillemot, with Tencent increasing their share very slightly from 9.2% to 10%.
Maybe Ubisoft should for once make a good game (OK, Rayman Raving Rabbids for Wii was a fun romp for a bit). I’m constantly baffled how a company this shitty that’s constantly making super derivative games got so big in the first place.
They sell to the type of person who only buys a few video games per year. They’re easy to play, they look nice, and they have a lot of content for the money, so you can stretch your dollar.
Mario & Rabbids Kingdom Battle was a rare gem from Ubi. Other than that, their best “recent” game is probably Rayman Legends, and that’s like a decade old now
I imagine…climbing up a tower, scanning an area, the hundreds of mini activities litter the map with little coin icons showing the requisite amount of assassin coins you need to spend to try the level.
Don’ t worry you get 10 free assassin coins per day, spend more to play sooner!
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I’m not a finance person, but selling equity capped at 10% isn’t a “buyout”, is it?
The family is buying the shares as well, with Tencent having a minority ownership. Or might, rather. This is a consideration. It isn’t definitely happening.
But I’m just asking, naively, is 10% a “buyout” by any reasonable definition of the term? I thought that was just a “stake”. I thought a “buyout” meant buying all of someone’s stake.
Tencent and Guillemot combined are considering a buyout of other shareholders. Most of that is Guillemot, with Tencent increasing their share very slightly from 9.2% to 10%.
Gotcha, that makes sense. Thanks!
Maybe Ubisoft should for once make a good game (OK, Rayman Raving Rabbids for Wii was a fun romp for a bit). I’m constantly baffled how a company this shitty that’s constantly making super derivative games got so big in the first place.
They sell to the type of person who only buys a few video games per year. They’re easy to play, they look nice, and they have a lot of content for the money, so you can stretch your dollar.
Mario & Rabbids Kingdom Battle was a rare gem from Ubi. Other than that, their best “recent” game is probably Rayman Legends, and that’s like a decade old now
You’re probably right (I never played it). Completely forgot about it.
Prince of Persia Lost Crown
Oh yes, I keep forgetting about that. Must give it a try sometime.
Assassins creed far cry series are still my favourite games except the newer ones. They are extremely enjoyable to my adhd brain.
I imagine…climbing up a tower, scanning an area, the hundreds of mini activities litter the map with little coin icons showing the requisite amount of assassin coins you need to spend to try the level.
Don’ t worry you get 10 free assassin coins per day, spend more to play sooner!
Ugh